Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Thornton area can be challenging. Home prices in Thornton are now at a median cost of $111,851, lower than the Illinois average of $242,002.
The average cost of rent is $1,102/mo in Thornton, primarily driven by the current value of real estate in the Thornton area. While nearly 40.85% of residents own their homes outright in Thornton, 15.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in Thornton is $4,671 per month. Households that rent pay about 23.59% of their income on rent here. Thornton's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Glenwood, IL: higher priced homes
- South Holland, IL: higher priced homes
- East Hazel Crest, IL: higher priced homes
- Phoenix, IL: less expensive homes
- Homewood, IL: higher priced homes
- Lansing, IL: higher priced homes
- Harvey, IL: less expensive homes
- Dolton, IL: equally priced homes
- Calumet City, IL: equally priced homes
- Hazel Crest, IL: higher priced homes
Cities with Similar Populations
- Moville, IA: higher priced homes
- Hilham, TN: higher priced homes
- Kenton, TN: less expensive homes
- Westphalia, MI: higher priced homes
- Walnut Grove, GA: higher priced homes
- Village of Four Seasons, MO: higher priced homes
- Malaga, WA: higher priced homes
- Vanderbilt, PA: higher priced homes
- Twisp, WA: higher priced homes
- Advance, MO: equally priced homes
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